Short Interest in MonotaRO Co., Ltd. (OTCMKTS:MONOY) Drops By 85.5%

MonotaRO Co., Ltd. (OTCMKTS:MONOY) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,900 shares, a drop of 85.5% from the December 31st total of 13,100 shares. Based on an average daily volume of 177,000 shares, the days-to-cover ratio is currently 0.0 days.

MonotaRO Trading Up 5.1 %

Shares of OTCMKTS MONOY traded up $0.81 during midday trading on Tuesday, hitting $16.71. The company’s stock had a trading volume of 173,878 shares, compared to its average volume of 53,016. The stock has a fifty day moving average price of $16.90 and a 200 day moving average price of $16.15. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 50.64 and a beta of 0.76. MonotaRO has a one year low of $8.87 and a one year high of $19.35.

MonotaRO (OTCMKTS:MONOY) last posted its earnings results on Thursday, October 31st. The company reported $0.09 earnings per share (EPS) for the quarter. MonotaRO had a return on equity of 27.81% and a net margin of 8.80%. The firm had revenue of $484.67 million for the quarter, compared to the consensus estimate of $486.62 million. On average, equities research analysts predict that MonotaRO will post 0.33 earnings per share for the current fiscal year.

MonotaRO Company Profile

MonotaRO Co, Ltd., together with its subsidiaries, operates an online MRO products store in Japan and internationally. The company offers safety protective equipment, work clothes, and safety shoes; logistics, storage, and packing supplies; tapes; safety, disaster prevention, and crime prevention products; safety signs; ship and fishing supplies; office supplies; office furniture/lighting/cleaning supplies; cutting tools and abrasives; measurement and surveying equipment; hand tools/electric and pneumatic tools; sprays, oils, greases, and paints; adhesives and repair materials; welding supplies; and piping and water related components/pumps/pneumatic and hydraulic equipment/hoses.